Electrical utility megamerger is all about the data centers

Ars Technica ·

Electrical utility megamerger is all about the data centers

”You’re making a very large utility that has a tremendous amount of financial resources, a tremendous amount of political power, and that does not always bode well for ratepayers,” he said. …

”You’re making a very large utility that has a tremendous amount of financial resources, a tremendous amount of political power, and that does not always bode well for ratepayers,” he said. “The more political power that a utility has, the more probable it is that they will use that power to the disadvantage of ratepayers.” Smith cautioned that the merger should not be viewed as a done deal. …

Original source: Ars Technica

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Smith · Virginia · University of Virginia